ESG – Three simple letters that will continue to have a tremendous impact on the way we do business today. 

Understanding our environmental footprint, advances in social infrastructure and progress in governance and policy-making are the critical backbone for the way we tackle some of the world’s great challenges.  This is the new gold standard for global business.  Whether you are the CEO or executive for a Fortune 100 company, large enterprise or even a small to mid-sized business, ESG is changing the landscape for all of us to build a more inclusive, sustainable and ethical economy that benefits everyone, including generations to come.

5 Reasons Why Every CEO Needs to Know Corporate ESG 

According to Dell, Deloitte, Microsoft and other industry thought leaders, here are the top reasons why every CEO and future leader need to know ESG:

  1. Builds trust and stakeholder value – A company people can build and stand for trust and believe in is a company clients, customers and stakeholders will support. ESG practices and operating models empower businesses to develop strong partnerships across their communities and value chain, and help ensure all stakeholders are considered as a key part of any solution. Harvard Business Review reported that workers at companies where trust is high report 106% greater energy in the office, 74% lower stress levels, 76% greater engagement, and 50% more productivity than their peers at low-trust businesses.
  2. Manages effective compliance, policy and regulatory practices – All businesses are affected by some or other forms of regulations depending upon the markets they operate. The business with strong ESG measures, especially on Governance, invite less scrutiny from the regulators and have greater operational freedom. They also face less pressure from climate change from activists, employee unions etc. The consumers also prefer such brands too. For example, Starbucks introduced “Starbucks China Parent Care Program” in 2017 which provided health coverage to over 10,000 parents of Starbucks’ employees in China. It was seen as a strategic move as Starbucks planned to expand in China amid the growing trade dispute between USA & China.
  3. Reduces cost, mitigates risk and increases productivity – Companies which choose to use more sustainable methods of production and manufacturing tend to be more efficient and reduce their costs. One such example is Nestlé, which announced that it will invest up to USD 2.1 billion by 2025 to shift from virgin plastic packaging to food-grade recycled plastics and the development of other sustainable packaging solutions. This will not only help it cut its carbon footprint but also save it from non-compliance costs among different geographies where it operates and have stricter laws related to the use of plastic packaging.
  4. Attracts and retains top talent – With 50% of the world’s population under 25 and the pandemic changing the face of the marketplace in all industries, attracting the right talent has become a job unto itself. However, ESG is creating new opportunities to transform that process. Strong companies with good ESG scores attract better talent and have longer retention. Having a clear sustainability, social and diverse mission and vision generates an internal sense of pride among employees. The younger generation prefers to work for companies with stronger commitments towards society. As per a study by Cone Communications on Millennial Employee Engagement in 2016, 64% of Millennials consider a company’s social and environmental commitments when deciding where to work.  And this is just the beginning.  CEOs must think about succession planning and how to accommodate the dynamically changing workforce mindset.
  5. Creates meaningful global impact through innovation – In a post-pandemic world, innovation that creates impact has become a cornerstone for successful brands to thrive.  The great news? The opportunities for ESG are endless. Prior to COVID, only one third of companies reported that social impact was a core pillar of their business.  Now, that number has shifted greatly as more and more leaders see the value in ESG impact-related initiatives that are adding to global recovery. In essence, companies that are adopting ESG operating models can improve people’s lives through healthcare, education, sustainability and digital inclusion, among a host of other topics, enabling companies to double-down on core values and act boldly to create real change for the success of their business and society.

In response to the growing awareness of ESG, Women in Cloud (WIC), a community-led economic development organization, launched their WICxLEAD program, designed to empower corporate women and entrepreneurs to ignite economic access. 

Over a six-week, 25 purpose-driven women scholars will learn how to be among the first to lead and influence digital transformation projects through cloud and AI technology, teaching them how to grow their executive presence, personal brand identity, public speaking impact, global access creation and community development strategies giving them a powerful platform to accelerate as industry ESG influencers and purpose-driven leaders.

The uniquely created accelerator program will help corporate women find and define their leadership purpose and create impactful ESG strategies, operating models and reporting mechanisms that support women tech entrepreneurs in the supplier ecosystem. Scholars will also gain access to a global network while learning from industry experts to accelerate their influence and market impact.

This leadership program is open to women-led companies and corporations looking to develop their women leaders. Applications are open until Jul15, 30, 2022. To learn more about the WICxLEAD program and secure your spot visit: https://womenincloud.com/wicxlead/.

NASDAQ said it very well in a recent article. Environmental, social and governance issues should be a top concern of corporate management and boards. There was a time when a public stance on ESG issues was a public relations tactic. However, in today’s rapidly changing business climate, attention to ESG issues is becoming critical to long-term competitive success. Welcome to the next generation of global business standards. 

This is the power of how three simple letters are architecting the future of economic success for top brands who want to create the greatest impact possible.

What if we told you you can access enterprise opportunities via Cloud marketplaces?

Global enterprises will spend more than $7 trillion dollars in the next four years as they struggle to modernize, build a global technology foundation for growth, and support simple, secure, and reliable access to data and services, says the IDC.

The big drivers? The usual suspects like cloud initiatives, big data analytics, and mobility. But, IoT is becoming a major investment focus, and so are automation or AI initiatives. Women In Cloud Cloud Accelerator is established to help you represent and access these opportunities via the new sales engine called Cloud Marketplaces powered by Microsoft, Google, RedHat and AWS.

We are inviting you to learn and explore if you are the right fit for the WIC Accelerator Cohort 7.0 starting Late May 2022.

We invite you to join our Cohort 7.0 Open House on May 6th at 10am PST.

If you or anyone you know might be interested in becoming a part of the Cohort 7.0 Accelerator Program this will be a great opportunity to ask questions about the program before you sign up.

We will be discussing the following:

  • Co-Sell Cloud Accelerator with Hyperscalers To Win Enterprise Opportunities

  • Program Outline & What to Expect

  • Opportunities for Access

  • Perfecting Your Solution on a Marketplace

  • Building Co-Sell Go To Market Plan

  • Accelerator Benefits

  • Open Q&A

Please register for the event HERE.

If you know other female tech entrepreneurs who might be interested please pass the event invite along.

Co-Sell Cloud Accelerator with Hyperscalers : Program Benefits At A Glance

  •  3 Month Dedicated Accelerator starting May 2022
  • 3 years of access to all the enterprise opportunities to get you access to customers and investors

  • Monthly roundtables & Community connections

  • Speaker slots on industry and community events

  • Expedited Warm Introductions To Advisors, Investors & Buyers

  • Access To Cloud Hyperscaler Partnerships

  • Invitations to participate in digital GTM offerings from Hyperscalers

  • Get your ready to participate in Cloud marketplaces

  • Dedicated Digital Learning Hub

  • Access to Cloud Hyperscaler programs and cloud credits

Website: Cloud Accelerator

We look forward to seeing you soon on May6th.

Today we kicked off our third annual #empowHERaccess campaign and are delighted to announce the call for nominations for the 2022 #empowHERaccess Awards are now open!

WIC is inviting you to join in acknowledging and celebrating the leaders, advisors, investors and partners who have provided you with access and advocacy throughout your entrepreneurial journey. WIC has created five awards to recognize and commemorate these vital members of our community: 

  • Digital Transformation Project of the Year Award
  • Women in Technology Outstanding Leadership Award
  • Supplier of the Year Award
  • Advisor of the Year Award
  • Investor of the Year Award

As a community, we count on your support to spread the word about the call for nominations so that we reach all of the noteworthy organizations and programs around the world. 

Learn more about the 2022 #empowHERaccess campaign here.

Click here to learn more about each award and submit your nominations.

Important:

  1. Organizations, people and initiatives can nominate themselves!
  2. Nominations are open until June 10, 2021
  3. This year’s award ceremony will be on July 14, 2021 during the #WiCxInspire Event

Please contact wicmarketing@womenincloud.com with any questions or suggestions you might have.

JPMorgan Chase, one of Fortune 100 top companies, has joined forces with Women In Cloud to accelerate gender inclusion and equality in the tech industry.

On February 25th, we would love it if you joined us at the WICxFortune100 Lunch & Learn Series. It will be the perfect opportunity to connect and learn from JPMorgan Chase’s top leaders and decision-makers— and an amazing opportunity to learn how to do business with JPMorgan Chase and understand their company culture.

What to expect from #WICxFortune100 Lunch and Learn Series?

  • Access to job opportunities focused on digital transformation
  • Learn how  to navigate and do business with JPMorgan Chase
  • Create new connections with key leaders of the industry
  • Learn about innovative enterprise-ready cloud solutions by women tech founders via Cloud Solution Showcase

#WICxFortune100 Lunch and Learn Series is a unique and enriching experience for women tech entrepreneurs to connect with Fortune 100 companies, learn about digital transformation opportunities, and accelerate gender equity.

Attendance for this event is entirely free— and only a quick application is required. Once approved, you will be granted access 10+ WICxFortune100 events in 2022

We look forward to seeing you there!

Learn more here: https://www.womenincloud.com/wicxfortune100-lunch-learn-series/

As a coach or mentor-figure training up adolescents or young adults, one of your primary duties is inculcating leadership skills in your charges. The kids of today will direct society’s course tomorrow. By turning them into worthy leaders, you create a brighter future for everyone – and leave a legacy everyone can be proud of. Here, Creative Children for Charity offers some suggestions on how to make good leaders out of young people:

Give them people skills 

Leaders need to have top-notch people skills to manage, engage, and interact with others.

  • Communication: Show them how to get their message across with clarity and confidence.

  • Empathy: Encourage them to put themselves in other people’s shoes and work toward common goals.

  • Conflict resolution: Conflict is a given. Guide them toward co-existence and cooperation.

Train their competence  

Leaders who don’t know what they are doing are ineffective. Competence is a necessary leadership trait.

  • Education: An advanced degree in a field of their choice will equip them with the knowledge and technical skills they need to be seen as respectable and trustworthy.

  • Self-confidence: Confidence is power. A leader must believe in themselves to get other people to believe in them.

  • Being a good follower: Kids need to know how to follow first if they are to lead.

Teach them responsibility 

A leader’s actions directly affect their people. Without teaching responsibility, you’re training a tyrant.

  • Teach them integrity and vision. They need to lead others toward a worthy cause, not off a cliff.

  • Give them the freedom to choose. It develops critical thinking, and respect for other peoples’ choices.

  • Let them fail. Nothing drives home responsibility and consequences like failure.

Lead by example

To teach leadership effectively, you need to be a leader yourself.

Conclusion 

Needless to say, strong leadership skills can take your kids far – not just professionally, but also in their personal life. Seeing your kids turn into strong, capable people down the road will be one of the most satisfying feelings you will ever experience; it’s well worth your time to read up on leadership and related subjects.

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